There Is a Newer Version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 7: Taxation
Article 9: Gross Receipts and Compensating Tax, 7-9-1 through 7-9-114
Section 7-9-63: Deduction; gross receipts tax; publication sales.
NM Stat § 7-9-63 (1996 through 1st Sess 50th Legis) What's This?
7-9-63. Deduction; gross receipts tax; publication sales.
Receipts from publishing newspapers or magazines, except from selling advertising space, may be deducted from gross receipts.
Receipts from selling magazines at retail may not be deducted from gross receipts.
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